It all started with a copy of The AA Book of The Car and then I dismantled my first engine at age 9. A lifelong love of cars has followed, and I have owned quite a few; Mk 1 Escort, Minis, an Alfasud, five Subaru Imprezas, and an Evo VIII MR are some of the good ones. But the one that sticks in my mind was a two-year-old Nissan R35 GTR I bought in 2012 for £45k. I took it to tracks all around the UK as well as several trips to the Nurburgring and Spa. Fun times! But what was an eye-opener to me was selling it four years later for £41,500 – to a dealer. I had no idea that a modern car could be almost depreciation free. So, I became an avid watcher of the classic and modern classic market – I bring all of this to the Bidding Classics – to list the right appreciating classics for your collection.
We have come to accept that there are no secrets in this world anymore.
And one company that knows far too much about us is Google, which remembers everything we have ever looked for.
But that information can sometimes be useful, and I think this is one of those occasions.
Car finance firm, Anglo Scottish have used UK search data and created the following list of classics. Numbers are the UK Monthly search volume:
74,000 Porsche 911. To many this is the quintessential classic. Going back to 1963 there have now been 1.2 million 911’s made. To some the design is unchanged – just a Beetle with a big engine. To others (a majority) it is a brilliant sports car and an appreciating classic as well. Their track specials still change hands for more than list price when new.
27,100 BMW E30 – the 4 headlight boxy 3 series was made from 1982-94. A crisp handling (if often unexpectedly lairy) rear wheel drive light car with a wide range of (mostly 6 cylinder) engines. Going up in value now and likely to continue. Make sure you buy a good one.
27,100 Beetle. Tied with the E30, Beetles are as polarising as any car can be. The marmite of cars. They have many lovers and many modifiers.
22,200 Lamborghini Countach. This is the car that goes on bedroom walls, who says supercars should be practical?
18,100 Ford Escort. 4.1 million sold in 33 years. There is an Escort for everyone. They dominated world rallying for decades with a simple rear axle and a lot of power. Always going up in value.
14,800 Jaguar E-Type. A British classic loved all round the world. Beautiful, distinctive and highly sought after.
14,800 Aston DB5. James Bond has made this car go off the scale for price.
12,100 Reliant Robin. Do we have Del-Boy to thank for this?
So now you know what people are looking for, this is probably where the capital growth is going to be over the next few years.